Crown Point Indiana Townhome Sold for Cash Above List Price

By
Real Estate Broker/Owner with F.C.Tucker 1st Team Real Estate

Crown Point Indiana Townhome Sold for Cash Above List Price

It's a sellers market!

This past month, we have represented Northwest Indiana Home Buyers who have been in

multiple offer situations where a Multi-Offer Disclosure Form has been sent back by the

seller asking for an extension of time to review all offers and giving buyers an opportunity to bring their highest and best offer back to the table.

When buyers have the option of paying Cash for a home, this type of financing may have more leverage in a multiple offer situation since an appraisal is not required, therefore there will be no issues with finding recent SOLD com-parables at above list price and no underwriting approval as there is no loan needed!

The economics of supply & demand apply =

Less move in ready inventory for sale in NW Indiana (supply),

and more buyers (demand) especially in certain price points (below $350K),

make for a competitive bidding scenario in homes that are in popular locations

and in good condition.

Like this Crown Point Indiana Townhome that sold.

Crown Point Indiana Townhome sold for cash above listed price F.C.Tucker 1st Team Real Estate

We represented the Buyers in the winning bid.

Our years of expereince as REALTORS (since 1999) have taught is

REAL ESTATE is CYCLICAL.

We have been through low inventory and bidding wars before.

We know the strategies to recommend to buyers and IF they follow our advice, they usually get the home they want.

If we can be of service to you in representing you as your buyers agent,

Please give us a call or text 219-309-9930.

 

We look forward to helping you too!

Please click the various links to read what our clients say about using our professional services to help them by providing solutions to their real estate needs.

 

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Endorsements on our Blog

 

Website Testimonials

 

With approximately $3.6 billion in annual sales and more than 18,000 home buyers and sellers represented annually, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than 40 offices and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. Less than one percent of all real estate firms have the longevity of F.C. Tucker. Founded in 1918, the company’s family of businesses includes a full range of real estate services—mortgages, title insurance, relocation services, a full line of insurance products, auctioning and homeowner warranty products. F.C. Tucker has earned a reputation for its exceptional service, experienced sales associates and “Golden Rule” commitment to its clients and employees.

 

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 F.C.Tucker Indiana's largest Real Estate Company Sincerely,

Jeff & Grace Safrin,  Broker / Owners                              Sign Up For Our Real Estate Newsletter

F.C.Tucker 1st Team Real Estate

13 Lincolnway Suite # 203 

Valparaiso, IN 46383         

Office # 219-309-9930

serving Lake, Porter, La Porte, Jasper, Newton & Starke Counties in NW Indiana

 Independently Owned & Operated

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Topic:
Home Buying
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Indiana Lake County Crown Point
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Tags:
bidding wars
real estate bubble
economics of real estate
cash offers
acceleration clause
real estate is cyclical
crown point indiana home sales
multiple offers in real estate
46307 real estate sold

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